Gross debt, General government, Domestic currency in India

India: Gross debt, General government, Domestic currency was 498.27 trillion in 2031. ◆ Volatile

Latest (2031)
498.27 trillion
Change on year
up 8.3%
World rank
4th
of 26 countries
All-time high
498.27 trillion
in 2031
All-time low
5.08 trillion
in 1991
Years of data
41
1991–2031

Gross debt, General government, Domestic currency in India, 1991–2031

0100.0T200.0T300.0T400.0T500.0T1991201120311991: 5.1T1992: 6.0T1993: 6.9T1994: 7.7T1995: 8.5T1996: 9.4T1997: 10.7T1998: 12.3T1999: 14.2T2000: 16.0T2001: 18.5T2002: 21.0T2003: 24.0T2004: 27.0T2005: 29.9T2006: 33.1T2007: 36.9T2008: 41.0T2009: 46.3T2010: 51.7T2011: 60.0T2012: 67.6T2013: 76.0T2014: 83.7T2015: 95.1T2016: 106.1T2017: 119.1T2018: 133.0T2019: 150.9T2020: 175.6T2021: 197.0T2022: 220.9T2023: 246.4T2024: 269.7T2025: 291.3T2026: 320.5T2027: 351.7T2028: 385.3T2029: 421.4T2030: 460.1T2031: 498.3T

Source: International Monetary Fund.

Analysis

India recorded 498.27 trillion for gross debt, general government, domestic currency in 2031. That is the highest value across all 41 years on record.

That represents a change of up 8.3% on the previous year and up 153.0% over ten years.

Over the whole period, gross debt, general government, domestic currency in India peaked at 498.27 trillion in 2031 and was at its lowest, 5.08 trillion, in 1991.

India ranks 4th of 26 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross debt, General government, Domestic currency in India, year by year

Annual values for Gross debt, General government, Domestic currency (9/26/2025) in India, 1991 to 2031.
Year Value Change
1991 5.08 trillion
1992 6.00 trillion +18.1%
1993 6.86 trillion +14.4%
1994 7.68 trillion +11.9%
1995 8.54 trillion +11.2%
1996 9.36 trillion +9.6%
1997 10.66 trillion +13.9%
1998 12.28 trillion +15.1%
1999 14.17 trillion +15.4%
2000 16.04 trillion +13.2%
2001 18.55 trillion +15.7%
2002 21.01 trillion +13.3%
2003 23.98 trillion +14.1%
2004 27.05 trillion +12.8%
2005 29.92 trillion +10.6%
2006 33.14 trillion +10.8%
2007 36.94 trillion +11.5%
2008 40.99 trillion +11.0%
2009 46.31 trillion +13.0%
2010 51.67 trillion +11.6%
2011 60.02 trillion +16.2%
2012 67.59 trillion +12.6%
2013 76.01 trillion +12.5%
2014 83.67 trillion +10.1%
2015 95.06 trillion +13.6%
2016 106.05 trillion +11.6%
2017 119.06 trillion +12.3%
2018 133.00 trillion +11.7%
2019 150.90 trillion +13.5%
2020 175.57 trillion +16.3%
2021 196.97 trillion +12.2%
2022 220.95 trillion +12.2%
2023 246.39 trillion +11.5%
2024 269.67 trillion +9.4%
2025 291.33 trillion +8.0%
2026 320.55 trillion +10.0%
2027 351.66 trillion +9.7%
2028 385.33 trillion +9.6%
2029 421.36 trillion +9.3%
2030 460.09 trillion +9.2%
2031 498.27 trillion +8.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.96 trillion 5.08 trillion 14.17 trillion 9
2000s 29.39 trillion 16.04 trillion 46.31 trillion 10
2010s 94.30 trillion 51.67 trillion 150.90 trillion 10
2020s 287.98 trillion 175.57 trillion 421.36 trillion 10
2030s 479.18 trillion 460.09 trillion 498.27 trillion 2

Countries ranked near India

  1. 1 Iran 919,689.00 trillion compare
  2. 2 South Korea 2,147.97 trillion compare
  3. 3 Japan 1,506.42 trillion compare
  4. 5 Nigeria 318.52 trillion compare
  5. 6 Turkey 56.88 trillion compare
  6. 7 Egypt 27.59 trillion compare

See the full ranking of 26 places →

More external debt data for India

All data for India →

Frequently asked questions

What is gross debt, general government, domestic currency in India?
Gross debt, general government, domestic currency in India was 498.27 trillion in 2031, according to International Monetary Fund.
What is the highest gross debt, general government, domestic currency recorded in India?
The highest recorded value was 498.27 trillion in 2031.
What is the lowest gross debt, general government, domestic currency recorded in India?
The lowest recorded value was 5.08 trillion in 1991.
How does India rank for gross debt, general government, domestic currency?
India ranks 4th out of 26 countries with data for 2031.
Is gross debt, general government, domestic currency rising or falling in India?
Over the last ten years it is up 153.0%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from International Monetary Fund, published as part of Gross debt, General government, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.

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Gross debt, General government, Domestic currency in India. Statizoid, drawing on International Monetary Fund. Retrieved 01 September 2026, from https://debt.statizoid.com/stat/gross-debt-general-government-domestic-currency-9-26-2025/india/

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About this data

Indicator
Gross debt, General government, Domestic currency (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 992 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.